MPS COLLAPSES IN MILAN, POPULAR PEOPLE WAVE.
NASDAQ OVER 4 THOUSAND SHARE, LUXURY SHINES
Business Square -0,20%, Ftse Mib index at 18784 under the pressure of sales on banks, was the only negative European stock exchange.
The picture of the other markets is different, driven byGeneva agreement on Iranian nuclear power.
London 0,34% salt, Paris + 0,55% Frankfurt + 0,88%. Madrid + 0,12%.
Meanwhile Wall Street is breaking new records. Right from the start, the Nasdaq moved above 4.000 points for the first time since 2000, the season of the Internet bubble. Microsoft rose 0,45% to $37,74 after it sold one million Xbox Ones in the first 24 hours after Friday's launch while Apple gained 0,86% to €524,22 following its acquisition of the company Israeli PrimeSense for approximately $350 million.
Il Dow Jones it rose 0,27% to 16.108 points and the S&P advanced 0,1% to 1.806 points.
Oil reacts with a sharp drop: the Brent it is traded at 109,3 dollars a barrel (-1,5%), Wti at 93,8 dollars (-1%).
Gold is also down (1.241 dollars an ounce, -0,1%), given that the agreement with Tehran provides that Iran will be able to trade its gold again.
It strengthens the dollar with the exchange rate with the euro to 1,350 from 1,355 at Friday's close.
The BTP is stable: the yield on the 10-year government bond is 4,07%, spread unchanged at 236.
The new one will be released tomorrow ctz, between 2,5 and 3 billion, offered tomorrow by the Treasury. Compared to the previous auction, in which the CTZ achieved a yield of 1,392%, a drop in rates of around 20 basis points is expected.
Monte Paschi di Siena shares landslide in Piazza Affari - -7,52% to 0,1559. The board of directors of the Sienese bank has been convened for tomorrow morning to discuss, among other things, on "operations on the bank's capital". Operators are frightened by the close timing of the operation (January, against the opinion of the Foundation) and the very low price at which the capital increase should be carried out (from 2,5 billion, perhaps 3, needed to repay the 4,1 billion Monti bond). There is talk of an issue price with a 40% discount on the Terp, i.e. about 5 cents per share.
A report by Société Générale warns that Italian institutions will need new and important provisions to give adequate coverage to the growing amount of non-performing loans. The major reductions concern: Banco Popolare-4,51%, Ubi -3,1%, Pop.Milano-2,21%.
The losses are less heavy Unicredit -0,38% Mediobanca -0,81%, in balance Understanding.
Unchanged Generali -0,4% Fondiaria-Sai -0,36%.
The descent of oil it did not help Eni's prices, down by 0,39%. Saipem rises by 0,42%.
Telecom Italy -0,65%. Snam Rete Gas rises by 1,09%, one step away from the maximum of the last 2 years.
The luxury sector shines. Ferragamo gains 3,89%, after rising by 8,7% last week. Tod's +3,92%, Brunello Cucinelli +3%. Luxottica -0,1% resists despite Goldman Sachs having reiterated the "sell" opinion and lowered the target price.
Among the industrialists, heavy decline of Fiat -3,53% after the news that Chrysler's IPO on Wall Street has been postponed to the first months of 2014. The board of directors of the US subsidiary has in fact deemed it impossible to complete the IPO before the end of this year. Il Lingotto expects Chrysler to continue working to allow for the launch of an offer in the first quarter of 2014, but puts its hands forward: the operation is subject to market conditions and further appropriate assessments.
Positive instead Pirelli +0,62%, StM +1,38%, Cnh Industrial +0,6%.
